68 Chestnut StEdisonNJ08817
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Edison at 68 Chestnut St, Edison, NJ, 08817 with 5% annual appreciation on a $1,230,000 basis while $3,019/mo rent supports operations. 06% in year one. Equity gained on principal adds $7,937/yr, and five-year appreciation sums $339,826 alongside rental yield of 2.95%. Five-year ROI measures 13.66% and total cumulative return in cash totals $54,418. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,019/mo property income versus a $6,020/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08817, Edison, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,827 (100%) |
| Owner Occupied HU | 9,145 (51.3%) |
| Renter Occupied HU | 7,817 (43.8%) |
| Vacant Housing Units | 865 ( 4.9%) |
| Median Home Value | $472,544 |
| Average Home Value | $492,607 |
Housing Distribution
Address Breakdown
Residential
17,393
Single Family
15,735
Multi-Family
1,658
Businesses
1,358
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Listed by: VENKATA S. RAAVI • KELLER WILLIAMS CORNERSTONE
Mls Name: All Jersey MLS
Mls ID: #2608189R